I went to 42 SV and was there when it closed, now gainfully employed and grateful for the opportunity.

There was absolutely rampant embezzlement of money by the French staff who came to initially start it.

It was the hubris from Paris that caused the school to fail (opening up a massive campus with no real plans to actually fill it up, tying grant money to enrollment numbers that were infeasible and leading them to take anyone) that caused the school to fail. If they had started slowly, and focused on quality 42 SV would have been great- a lot of good people were there.

As it was, I have no doubt that they were thrilled to use Covid as an excuse to close the branch without bad publicity. A lot of scandals at 42 if anyone cares to look.